Beyond Aero raises $20m to propel hydrogen-powered business jets
Franco-American hydrogen aviator Beyond Aero has raised an additional $20m in a Series A round led by Giant Ventures and the French Sovereign Fund (Bpifrance).
Franco-American hydrogen aviator Beyond Aero has raised an additional $20m in a Series A round led by Giant Ventures and the French Sovereign Fund (Bpifrance).
Masdar and UAE steel firm EMSTEEL have completed a green hydrogen-based steel pilot project in Abu Dhabi.
Hydrogen will be supplied by Norwegian Hydrogen’s first electrolyser plant in Hellesylt, which opened in September – nearly 800km away from Sandviken.
By using FCEVs in combination with BEVs, IPA argues that policymakers could “greatly reduce the risk” of decarbonisation goals being derailed by metal shortages.
EverWind Fuels has been awarded CAD $22.5m ($16.2m) in funding to support marine and port infrastructure developments for the export of green hydrogen from its Point Tupper project in Nova Scotia, Canada.
Denmark’s European Energy has inaugurated its first green hydrogen production facility in Måde, near Esbjerg.
Nel has extended and automated the manufacturing of its PEM hydrogen electrolysers at its Wallingford facility in Connecticut, US.
Spanish oil and gas firm Cepsa has said it could slow its €3bn ($3.2bn) green hydrogen investments planned in its home nation if temporary windfall taxes on energy companies become permanent.
Spanish-based Matteco has closed a €15m ($16.2m) Series A investment round to ramp up the production of its hydrogen electrolyser catalysts and electrodes.
The Indian Army is set to employ a hydrogen microgrid to provide off-grid and self-sufficient power at a base in the Himalayas.